Two Carey Olsen lawyers recognised in eprivateclient's 50 Most Influential The list recognises the leading figures in the UK and global offshore private client practitioner sector, including advisers from the wealth management, accountancy, legal, trust, family law, and fintech sectors ...
Carey Olsen advises Digicel on sale of majority stake in Cricket Sporting Investments Ltd. Cricket Sporting Investments Ltd. is the holding company of CPL Limited, which is the operating entity behind the Caribbean Premier League ("CPL"). Founded in 2013, the CPL is the Caribbean's premier Twenty20 cricket competition ...
By: Christopher ‘Smitty’ Smith As we usher in 2025, businesses across the world that ship products into California are facing new and updated regulations under Proposition 65 (Prop. 65), the state’s landmark product warning law. The changes, which affect a wide range of industries—from food manufacturers to automobile part producers—have substantial implications for companies that manufacture, distribute, or sell products sold in the state ...
As the new administration begins, significant changes to immigration policies are anticipated, though the specifics of these changes—including when they will take effect and how they will impact the current immigration system—remain uncertain. Among these potential changes, we may see an increase in worksite inspections for H-1B and L-1 visa holders as part of enhanced compliance measures. While this increase in enforcement may be concerning, there’s no need to worry ...
Carey Olsen maintains status as leading TISE listing agent for ninth consecutive year COCFL acted as listing agent on 40% of all classes of securities listed on TISE in 2024. COCFL also assisted with the majority of new high yield bond classes listed in 2024 and continues to act for a majority of all high yield bonds currently listed on TISE. TISE introduced its 'Specialist Companies' equity rulebook ("the Specialist Companies Equity Rules") in November 2024 ...
While enforcing US judgments in the UK presents several challenges, recent case law offers valuable guidance. By taking proactive steps and seeking expert legal advice, litigants can improve their chances of successfully enforcing US judgments in the UK ...
2025 looks to be another busy year in the pensions world, Suzanne Burrell focuses on consolidation in the defined contribution pensions market. UK Defined Contribution Pensions Consolidation: a look ahead to 2025 2025 looks to be another busy year in the pensions world, with a continuing number of defined benefit schemes in the private sector looking to secure benefits with insurers ...
When an employee is subject to a police investigation or is charged or convicted of criminal misconduct outside of work, it can be a challenging area for employers to navigate. We set out our top tips for employers handling such situations. Top tips for employers dealing with criminal misconduct outside of work When an employee is subject to a police investigation or is charged or convicted of criminal misconduct outside of work, it can be a challenging area for employers to navigate ...
A new netting law was published on 1 October 2024 as Federal Decree-Law No. 31 of 2024 on Netting (theNetting Law) and came into effect on 2 January 2025, repealing Federal Decree-Law 10 of 2018 on Netting (theOld Law). The Netting Law provides further clarification on both the legal recognition and enforceability of various financial contracts, and the ability to implement close-out netting (i.e ...
By: Hector A. Chichoni, Esq. As President-elect Donald Trump prepares to assume office, U.S. employers and companies, in almost every sector, are anticipating a significant increase in changes in immigration law and procedures. This is rightly so, given the historical precedent established during the first Trump administration (2017-2020) ...
The firm has previously notified our clients and network about an obligation to make certain filings under the Corporate Transparency Act (CTA) that became effective at the beginning of 2024. It provided deadlines to file Beneficial Ownership Information (BOI) for many companies by December 31 of this year, and in some cases required earlier deadlines ...
The financing activity in the Norwegian market in 2024 has been positively affected by stable interest rates and inflation levels on a downward trajectory. The US, the EU and Sweden have started their planned interest rate cuts. Although the expectation at the start of the year was that the Norwegian Central Bank would cut interest rates in 2024, a strong labour market and a weak currency have resulted in zero interest rate cuts so far ...
Three days after a motions panel on the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay on a Texas district court’s nationwide preliminary injunction blocking the enforcement of the Corporate Transparency Act (“CTA”), a merits panel has vacated part of the motion panel’s order ...
It has been an interesting year. Trade, and therefore, shipping can only circumnavigate the persisting and many awful geopolitical challenges. The Shipping industry’s commitment to improvement continues, both introvert (governance) and extrovert (environment and social responsibility). The Norwegian shipping cluster pioneers still in those areas, not least on the development of technologies and infrastructure toward minimizing impact on the environment ...
Earlier this month, a Texas district court issued a nationwide preliminary injunction blocking enforcement of the Corporate Transparency Act (“CTA”). However, on December 23, 2024, the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay of that order, allowing the CTA’s enforcement to proceed while the appeal is pending ...
The Committee on Foreign Investment in the United States (“CFIUS”) is a federal interagency committee that is responsible for reviewing certain transactions by foreign persons (governments, individuals and businesses), if they threaten or affect the national security of the United States. In layman’s terms, the CFIUS is a federal body that reviews transactions by non-Americans that might threaten the U.S.’s security ...
Earlier this month, a district court in Texas issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”). On December 23, 2024, the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay of the district court’s order and injunction pending appeal.[1] Pending further court developments, compliance with the CTA is currently required nationwide ...
Welcome to the new half-yearly review of Krogerus' highlights! In this newsletter, we will share recent case highlights, firm news and insights. Foreword As 2024 draws to a close, it has been a busy year at Krogerus, despite challenging market conditions and ongoing geopolitical uncertainties. While there is still a degree of darkness and uncertainty in the world, we are seeing positive signs in the transactional market, which often signal the start of economic recovery ...
Monika Machlik is one of Norway’s leading female chess players. She has been playing chess at a high level since she won the «miniputt» class in the national championship for girls at the age of ten, and made her debut on the national A-team at the age of fifteen. Monika is the reigning Norwegian champion in women’s blitz chess and has qualified to represent Norway at the upcoming World Rapid and Blitz Chess Championships in New York during the Christmas season ...
Seven Carey Olsen lawyers called to the Jersey Bar Lizzie Chamberlain joined Carey Olsen's banking and finance team in 2022 and acts for both lenders and borrowers on a range of debt finance transactions including real estate investment and development finance, investment funds financing and general corporate facilities. Julie Currie specialises in pensions ...
The story of the Captain Tom Foundation reinforces the basic point that a charity should not be established for the purpose of making money for private gain, even if that would not be the only reason for setting one up. For those of us who have been sitting in a tin can far above the world, by way of a brief recap in April 2020 Captain Tom inspired the nation, completing the challenge of walking 100 laps of his garden whilst recovering from illness and in tribute to the NHS ...
In this edition, we offer a diverse range of content: First, we present an update on an upcoming case before the Supreme Court concerning section 36 of the Contracts Act. We will also provide some insights from a recent Supreme Court ruling on the insurance condition regarding sudden and unforeseen physical damage. Additionally, we discuss significant takeaways from the appeals judgment in the Dutch Shell case ...
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”).[1] The CTA, and its Reporting Rule, were set to require approximately 32.6 million existing reporting companies to file beneficial ownership information (“BOI”) reports with FinCEN by January 1, 2025 ...
Bermuda Insurance Litigation Guide 2025 (Chambers) Contents Rules governing insurer disputes Jurisdiction and choice of law Arbitration and insurance disputes Coverage disputes Claims against insureds Insurers’ recovery rights Impact of macroeconomic factors Emerging risks Significant legislative and regulatory developments 1 Rules governing insurer disputes 1 ...
